Nifty set to open with some gains; Crude oil in focus after OPEC+ hikes oil production volume

GIFT Nifty:

GIFT Nifty August 2025 futures were currently trading 20.50 points (or 0.08%) higher, suggesting a flat to mildly positive opening for the Nifty 50 today.

Institutional Flows:

Foreign portfolio investors (FPIs) sold shares worth Rs 3,366.40 crore, while domestic institutional investors (DIIs) were net buyers to the tune of Rs 3,186.86 crore in the Indian equity market on 01 August 2025, provisional data showed.

According to public data, FPIs have sold shares worth Rs 47,666.68 crore in the cash market during July 2025. This follows their cash purchase of shares worth Rs 7,488.98 crore in June 2024.

Global Markets:

Markets in Asia traded mostly lower on Monday as investors assessed the latest round of tariffs that have been levied by the U.S. on its trading partners. These tariffs have raised concerns over mounting inflation and could also possibly lead to an economic slowdown.

Movements in crude oil prices will be on investors' radadr after the OPEC+ block concluded a slew of major output hikes.

On Wall Street, the key equity indices closed lower on Friday, after a weaker-than-expected jobs report worried investors that the economy is meaningfully slowing down.

The S&P 500 slipped 1.6% to close 6,238.01, while the Nasdaq Composite pulled back 2.24% 20,650.13. The Dow Jones Industrial Average fell 542.40 points, or 1.23%, to finish the session 43,588.58.

Domestic Market:

The headline equity benchmarks closed deep in the red on Friday, dragged by global headwinds and renewed investor caution. The Nifty slipped below the 24,600 mark as the Street digested the impact of steep import tariffs imposed by the United States on multiple trade partners, including a 25% levy on Indian goods.

While indices opened lower tracking weak global cues, they staged a brief recovery only to be hammered down by mid-session profit booking and a sharp selloff in the final hour. Barring FMCG, all sectoral indices on the NSE ended with losses, with pharma, healthcare, and metal stocks bearing the brunt.

The selloff was intensified by sustained FII outflows, global market weakness, and renewed pressure from a strengthening U.S. dollar. With the earnings season in full swing, investors also remained wary of stock-specific volatility and corporate commentary.

The S&P BSE Sensex declined 585.67 points or 0.72% to 80,599.91. The Nifty 50 index lost 203 points or 0.82% to 24,565.35.

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